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Mass market games account for more than 76 percent of second quarter GGR

Compared to the same period last year, the proportion of gross gaming revenue generated by mass market games has jumped by over 29 percent
  • Analysts say that Macao could generate as much as 240 billion patacas in gross gaming revenue for 2024

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The total gross gaming revenue (GGR) generated in Macao during the second quarter stood at 56.43 billion patacas (US$7.02 billion), according to official data, of which mass market games and slot machines accounted for 43.12 billion patacas (US$5.36 billion) or more than 76 percent of the total.

The mass-market figure barely moved from the first quarter – rising by just 0.4 percent – but represents a 29.3 percent jump year on year.

Of the second-quarter mass market haul, baccarat generated 34.63 billion patacas (US$4.3 billion) or 61.4 percent of the total, up 29.8 percent compared to 2023.

[See more: Most gamblers intend to maintain or increase their Macao spends, survey says]

VIP baccarat accounted for 13.31 billion patacas (US$1.65 billion) in the second quarter, or a nearly 24 percent chunk, but overall revenue in the VIP segment declined by 7.4 percent compared to the first three months of the year. 

The second quarter figures include May’s impressive GGR total of 20.19 billion patacas (US$2.5 billion) – the highest since the Covid-19 pandemic.

Analysts predict that Macao will end the year with GGR approaching 240 billion patacas (US$30 billion), while the local government forecasts a more conservative 216 billion patacas (US$26.9 billion).

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